The problem is that to repossess yourself you need a security interest and cosigners generally don't get one. The lender has a security interest...

Can I be served a warrant for defaulting on a payday loan 7 years ago?

You are being scammed. Close the account immediately, informing the bank that it has been compromised. Then report this to law enforcement. This...

Why woulf a creditor report false information on credit report? Such voluntary surrender, when the car was self helped repossess

Erroneous information on credit reports is common. For it to be actionable, you must write to the CREDIT BUREAUS and ask for correction/ deletion....

Does a payout from the insurance have to reflect on my repo deficiency balance?

The insurance payment should reduce your balance. If you are getting collection letters from a third party debt collector that do not, or if the...

CCan I get arrested in Illinois for defaulting on a payday loan from 2013? I just got a phone saying I will b arrested tomorrow

Calls like this are a scam. Do not pay or provide information. Report the contact to law enforcement.

Can an attorney file a sanction, w/ my county against my nursing license for a delinquent auto loan, related to a repo, in FL?

I question if the caller is really an attorney's office at all. No complaint can be filed against a professional license for nonpayment of an auto...

The Fair Credit Reporting Act requires that you dispute erroneous information with the credit bureaus (not Chase) before there can be any legal...

Debt collector demanding payment for a payday loan of $290. Threatning legal action. Am I being scammed??

It is a scam. Do not provide information or money. Report to law enforcement.

Can I ask you what the statue of limitations for a pay day loan

Ask the caller for their name, street address, telephone number and web site, and ask them to send you a written "notice of debt" as required by...

What is the statute of limitations on credit card debt in the state of Illinois?

It is five years from breach or last payment, whichever is later, on an ordinary bank credit card. A store credit card usable only for the...